SFGTV2: San Francisco Government Television
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Dec 4, 2013
12/13
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very low density and while industry is still important to san francisco, it's not the driver of the economy in the future. and so that proposal as can you see in the southern part of the southern part of the map was changing the zoning to zoning conditions that allow housing and allow office jobs or other kinds of commercial uses. the build form in soma is not like downtown. buildings are less tall and have more girth, if you will. and so that is kind of what we're trying to replicate in the neighborhood. you can see the height nodes from the map and mostly along the transit stations, but otherwise, we're expecting the support of bigger buildings and is that possible because of the large parcels that reflect its historical industrial nature. finally let's speak to what the build-out could be? so there is already a lot of uses on the ground today. we have a 700 houses unitss and 50,000 jobs in the neighborhood. and just to talk about jobs for a second, the real impetus of this plan is to support job growth. we have done a lot of planning in the planning department for the last ten years for
very low density and while industry is still important to san francisco, it's not the driver of the economy in the future. and so that proposal as can you see in the southern part of the southern part of the map was changing the zoning to zoning conditions that allow housing and allow office jobs or other kinds of commercial uses. the build form in soma is not like downtown. buildings are less tall and have more girth, if you will. and so that is kind of what we're trying to replicate in the...
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Dec 7, 2013
12/13
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FOXNEWSW
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one of the areas where obama has really hurt the economy is with small businesses. his investment tax increase really hurts small business. it went from 35% to 43% on passive income. this really is an usual. during expansions you typically see new business startups accelerate. this is the only recovery i've seen back to the 1930s where new business startups have flat lined. when you increase tax rates on them you don't get that capital. all that money that rick is talking about that needs to be spent, invested into new businesses. that's the genesis of economic growth. capital investments. >> while small businesses are getting hurt, the big businesses have been doing fine. in fact, look what happened with the obama recovery compared to the bush expansion. the top one percent, we're hearing a lot about them, they had an expansion of 65% during bush. during the obama so called recovery they got 93%. so the rich have all these special deals which is helping them get more money while the poor are losing. >> i hear what you are saying. here's the thing. we see time and a
one of the areas where obama has really hurt the economy is with small businesses. his investment tax increase really hurts small business. it went from 35% to 43% on passive income. this really is an usual. during expansions you typically see new business startups accelerate. this is the only recovery i've seen back to the 1930s where new business startups have flat lined. when you increase tax rates on them you don't get that capital. all that money that rick is talking about that needs to be...
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Dec 10, 2013
12/13
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CNBC
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gradual improvement in the economy. the key point here is can janet yellen, convince everyone that tapering is not tightening. that's what we might hear very much on that. >> that's what we need to do. >> tapering is not happening in december or january. >> under any starncircumstance s i expect them to lay the groundwork to make a clearer delineation. >> let's head to dominic chu for a market flash. >> check out shares the stock at session highs. the company says a late stage trial of its experimental hepatitis c therapy showed 96% of patients in the study showed improvement. yesterday gilead sciences had its own pill approved by the fda. it is considered by industry analysts to be the leader in the all oral hepatitis field expected to reap billions in annual sales. its stock is moving lower so competition perhaps having a hand in that trade. >> dominic, thank you very much. more wintry weather hitting the northeast. three to six inches of snow expected in some parts including the metro area of new york. weather channe
gradual improvement in the economy. the key point here is can janet yellen, convince everyone that tapering is not tightening. that's what we might hear very much on that. >> that's what we need to do. >> tapering is not happening in december or january. >> under any starncircumstance s i expect them to lay the groundwork to make a clearer delineation. >> let's head to dominic chu for a market flash. >> check out shares the stock at session highs. the company says...
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Dec 3, 2013
12/13
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their economy is growing better. but when it comes to health care, they come across the border. >> well, the wealthy and those that can afford to come across the border do. but those that can't get access to health care in america are stuck in emergency rooms with high temperatures waiting to get their children taken care of. i concede this is a mess. we may have tried too much too fast and on a partisan basis. i've said we should hit the reset button and open ourselves up to new ideas. and larry kudlow always has new ideas, even if they're conservative. >> i appreciate that and appreciate your honesty. republicans are licking their chops about the elections coming up in 2014, roughly a year from now. we're going to talk more about that later in the show. what i want to ask you is, what can you do for a simple, transparent, compassionate response to the breakdown of obama care? i have an answer. but i want you to go first. >> well, with any health reform proposal, we have to look first at the root cause of the proble
their economy is growing better. but when it comes to health care, they come across the border. >> well, the wealthy and those that can afford to come across the border do. but those that can't get access to health care in america are stuck in emergency rooms with high temperatures waiting to get their children taken care of. i concede this is a mess. we may have tried too much too fast and on a partisan basis. i've said we should hit the reset button and open ourselves up to new ideas....
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Dec 5, 2013
12/13
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CNBC
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david, what does this say about the economies and the taper, if that happens, over the past week or so? obviously it's been a great year, but the past five days have been not so great. what's the market telling you? >> well, this is really consistent with the consolidation and small pullbacks we've seen over the last few months. really we think this will be short-lived and we look forward to a year-end rally and another strong year in 2014. >> so what do you think the market is reacting to? just the fact that prices had run up so far and people want to get some money off the table and take some profits? is it, as joe was saying off camera, a taper tantrum or what. >> i think to call it a tantrum is a little strong. you're seeing markets just a couple percentage points off their highs. so this is more has to do with the market digesting the recent gains and also expecting some tapering in 2014. but we don't think it's going to be severe, and we think the market's going to increase with the taper, and it's a reflection, as joe said, in stronger economic growth looking forward. >> joe, do
david, what does this say about the economies and the taper, if that happens, over the past week or so? obviously it's been a great year, but the past five days have been not so great. what's the market telling you? >> well, this is really consistent with the consolidation and small pullbacks we've seen over the last few months. really we think this will be short-lived and we look forward to a year-end rally and another strong year in 2014. >> so what do you think the market is...
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Dec 10, 2013
12/13
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CNBC
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they need to facilitate the economy. they need to be a port in the storm. but, no, they can't have a casino inside the bank. so, from that standpoint, bank ceos are put on notice. if you have a large bank with the proprietary trading loss over the next few months or couple of years, that ceo's job could be more at risk than ever before. >> but i think kate's take was that there's many, many loopholes here. some of the rules are quite subjective. would you agree with that? >> anytime a regulation like this becomes as precise as the volcker rule has become, there's always ways for many smart bankers and lawyers to get around it. i much prefer principle-based regulation. i mean, the principals can guide what happened. there will be ways around it. having said that the ceo needs to attest that they're not taking big proprietary bets. so i think if after the fact you have a big loss, banks don't get off so easily here. >> so let's get -- you know, now that this is on the table, we know what we're dealing with, many banks have been, you know, gearing up to deal w
they need to facilitate the economy. they need to be a port in the storm. but, no, they can't have a casino inside the bank. so, from that standpoint, bank ceos are put on notice. if you have a large bank with the proprietary trading loss over the next few months or couple of years, that ceo's job could be more at risk than ever before. >> but i think kate's take was that there's many, many loopholes here. some of the rules are quite subjective. would you agree with that? >> anytime...
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Dec 6, 2013
12/13
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CNBC
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it demonstrates the economy may be improving and that the fed should be getting out of the way. >> mike, i'm sorry to interrupt. are you telling me december meeting if the fed announces tapering, that the markets will take it in stride? that's basically what you're telling me? >> i think it will take it more in stride than maybe it would a month or so ago because the numbers have been getting better in the economy. >> steve, do you agree with that? >> i agree with michael. i think the numbers have been improving all week nothing but good numbers here and starting out with the key 3 gdp, inventory bills. >> strengthening. record auto sales in november, the jobs numbers are very good here today, housing retail, everything looks good and we've been saying all along we think we're going to be tapering into strength and the market is going to see through that. i think we're using 120 next year for s&p earnings, still high relative to the street, but i think people are starting to see that as a real possibility and stocks are trading at 15 times next year relative to everything else you have
it demonstrates the economy may be improving and that the fed should be getting out of the way. >> mike, i'm sorry to interrupt. are you telling me december meeting if the fed announces tapering, that the markets will take it in stride? that's basically what you're telling me? >> i think it will take it more in stride than maybe it would a month or so ago because the numbers have been getting better in the economy. >> steve, do you agree with that? >> i agree with...
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Dec 5, 2013
12/13
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but the economy is better. >> and the economy is better. i agree with you on that. >> you're not taking my trade? you're not taking my trade. >> i'm taking your trade -- >> 10 bucks of qe you give me a dollar a growth. >> and i'll throw one more angle at that. >> you finance it and give me a year, and i'm with it. >> why is profitability the only thing that matters? what if we actually get global economic growth as qe is tapering off. what if we get sales growth? remember that? what if not everything was about buybacks and dividends, but actually people got excited about wages going up, better employment. >> from your lips to god's ears. >> i'm not saying it's in the bag. i'm saying that it is a possibility. it shouldn't be completely ruled out when you have every central bank on earth throwing as many dollars as they can into the system, don't be shocked if wages tick up and if people start to spend more money. it's entirely possible. >> steve, we'll be watching closely tomorrow morning. we'll see what happens, especially on the heels of t
but the economy is better. >> and the economy is better. i agree with you on that. >> you're not taking my trade? you're not taking my trade. >> i'm taking your trade -- >> 10 bucks of qe you give me a dollar a growth. >> and i'll throw one more angle at that. >> you finance it and give me a year, and i'm with it. >> why is profitability the only thing that matters? what if we actually get global economic growth as qe is tapering off. what if we get...
SFGTV: San Francisco Government Television
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Dec 10, 2013
12/13
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SFGTV
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help the social service organizations to help and we'll continue to ask people to do that while our economy is a prosperous we need to help each other out. this is a wonderful city we exhibited that last month with the bad kid in our city and even on a more daily basis. i want to remind everybody about the typhoon is still with us with a filipino-american community we're asking ourselves owe everyone else to continue to be the global city and give all you can too >> thank you. next speaker, please. >> help folks that devastation will last year's. thank you, everybody and happy holidays and thaegz and keep sharing with your hearts >> thank you, mr. mayor. we appreciated our being here you're so loyal to the salvation army now i know why. some fast food facts pr 4 thousand meals are served to the search and seizures and soot shut in 3 hundred deliver routes and 45 hundred pound of turkey. are put together for the dinner 8 hundred pounds the green beans and 1 thousand 80 pound of miami. none of the preparations none of them disrupted the meals that everyday we've received for our participants
help the social service organizations to help and we'll continue to ask people to do that while our economy is a prosperous we need to help each other out. this is a wonderful city we exhibited that last month with the bad kid in our city and even on a more daily basis. i want to remind everybody about the typhoon is still with us with a filipino-american community we're asking ourselves owe everyone else to continue to be the global city and give all you can too >> thank you. next...
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Dec 5, 2013
12/13
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blame it on a new bach of positive reports on jobs, housing and the upbeat survey on the economy. the take away for investors, the fed will taper back stimulus plans and that might not be good for the markets. all this comes just two days before the release of the monthly jobs report. a key data point for central bank policy makers. it's no wonder stock averages between gains and losses and finally ending mostly in the red for the day. the dow lost 25 but down as much as 125 earlier in the day and the nasdaq edged up a fraction and s&p fell two points. the same concerns about the fed's next move sent the yield on the benchmark treasury note above 2.8%, the highest since september. >> how does the federal reserve see the economy right now as it prepares for the next policy meeting next month? steve liesman looks at the beige book survey and what that, along with this friday's november jobs report, could mean for the future of its stimulus program. >> reporter: some strong employment data today raising prospects for better job growth and less stimulus. adp in a much followed monthly
blame it on a new bach of positive reports on jobs, housing and the upbeat survey on the economy. the take away for investors, the fed will taper back stimulus plans and that might not be good for the markets. all this comes just two days before the release of the monthly jobs report. a key data point for central bank policy makers. it's no wonder stock averages between gains and losses and finally ending mostly in the red for the day. the dow lost 25 but down as much as 125 earlier in the day...
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america's economy, what about this great? this seems to be contrary you would think that renewable energy would save energy but the opposite seems to be true. >> yes, the problem is that renewable energy, wind and solar, it is more expensive an right now they are producing about 5% of our electricity. well as coal reduces about 40%. natural gas and oil produces a substantial amount also. so here the government is trying to get us to switch to a more expensive fuel and at the same time, one that is difficult to store with wind and solar. gerri: we know it is more expensive, we are paying for them and the taxpayers are paying for all of this, either through tax breaks or the green energy companies or other kinds of write-offs. but at the end of the day, why can the grid not handle it? what is a technil issue? >> it is difficult. they turn and they create energy, it is difficult to get that energy over to the coast and we generate a lot of wind energy in the country. and it's difficult to get overlooked where it's needed. and on
america's economy, what about this great? this seems to be contrary you would think that renewable energy would save energy but the opposite seems to be true. >> yes, the problem is that renewable energy, wind and solar, it is more expensive an right now they are producing about 5% of our electricity. well as coal reduces about 40%. natural gas and oil produces a substantial amount also. so here the government is trying to get us to switch to a more expensive fuel and at the same time,...
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economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement is now at two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers' overall pay has not fallen insists george osborne george osborne is to claim that workers overall pay has not fallen despite official figures showing that the wages of middle income families have dropped by five thousand pounds over the past five years so that's a drop of six point four percent according to the office of national statistics george osborne is saying those are a lie he's going to come out with his own report to show that in fact those numbers are deceptive yeah george osborne is thought so much a clown as he is one of these french minds and but he speaks which is kind of interesting for a mind he's more of a friend of mine it's a path to mine show and he believes that these numbers do not tell the truth these
economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement is now at two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers' overall pay has not fallen insists george osborne george osborne is to claim that workers overall pay has not fallen despite official figures showing that the wages of middle income families have dropped...
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Dec 10, 2013
12/13
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KQED
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economy. we've got big head winds from europe, from the currency, from ongoing deleveraging from households, we need to provide a lot of stimulus. but that stimulus can create risk. you mentioned the housing market, that's one example. we need to take other steps in order to reduce those risks. manage those risks, mitigate those risks and if we -- because if we don't we're going to create bigger problems down the road or we're going to have to pull back too soon on monetary policy which is the last thing we want to do. >> rose: we conclude with michael dell who just completed taking his company private. >> what i will say is that i'm very proud that during the time our company was public our stock appreciated over 13,500%, which was 27 times the amount of the s&p 500 during that same period. so, yeah, we missed something. everybody misses some things but we built one heck of a business. it's still one heck of a business and now it's growing at double digit rates and we're investing for the fut
economy. we've got big head winds from europe, from the currency, from ongoing deleveraging from households, we need to provide a lot of stimulus. but that stimulus can create risk. you mentioned the housing market, that's one example. we need to take other steps in order to reduce those risks. manage those risks, mitigate those risks and if we -- because if we don't we're going to create bigger problems down the road or we're going to have to pull back too soon on monetary policy which is the...
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market but probably as the economy froze. >> and, there you go. maybe it is overseas and look who they're competing with overseas. this industry might finally be right-sized. delta, united, now american having consummated mergers that make them what looks like pretty solid. take a look at the stock, not only of those guys but look at the stock today of the new american. ticker symbol aal. no more amr. today that closed up about 3% last i saw. i think that's what it was. that is not a bad day for a first day out of bankruptcy for a new company. at o'hare a lot of people waiting. glad it is not me today. cheryl: now the fun part begins. that is integration and doug parker saying they certainly learned from the mistakes that united and continental made. jeff, you had a front row seat yourself. >> and themselves. david: and overseas. great interview, it was terrific. regulations over there are so much more onerous in many way that is than regulations here. it's a tough deal for airlines. cheryl: funny he said international. david: they will need to go
market but probably as the economy froze. >> and, there you go. maybe it is overseas and look who they're competing with overseas. this industry might finally be right-sized. delta, united, now american having consummated mergers that make them what looks like pretty solid. take a look at the stock, not only of those guys but look at the stock today of the new american. ticker symbol aal. no more amr. today that closed up about 3% last i saw. i think that's what it was. that is not a bad...
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Dec 10, 2013
12/13
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CNBC
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here's reasons to still be concerned about the american economy. 10.9 million still unemployed. many over six months or a year. the recovery has been narrow. limited wage gains in the middle of the country, mom and pop, not benefiting and the third variable, the, quote, steroids of the fed. everyone has an opinion of how much they've mattered. we don't really know. at some point we'll find out. bring in dan greenhouse and adam grimes. welcome as well. also as well herb and steve with us. i'm going to start with you, dan. i laid out the reasons to not be optimistic. are any of those signals leaning more positive these days? >> well, you brought up reasons why the financial crisis might not be over yet but that's separate from whether or not up with would be opt mystic. those points are entirely valid. whether or not you're optimistic really results in whether or not you think there's a fundamental change in the coming let's say six to 12 months compared to the previous six to 12 months and in that regard the answer is probably no. >> what about you, adam? handing around the glass
here's reasons to still be concerned about the american economy. 10.9 million still unemployed. many over six months or a year. the recovery has been narrow. limited wage gains in the middle of the country, mom and pop, not benefiting and the third variable, the, quote, steroids of the fed. everyone has an opinion of how much they've mattered. we don't really know. at some point we'll find out. bring in dan greenhouse and adam grimes. welcome as well. also as well herb and steve with us. i'm...
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Dec 6, 2013
12/13
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CNBC
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economy. it is a member of the g-20. it is one of the leading countries and i know guys have put money into that country who made a lot of money there. >> they're considered one of the fragile five, as we call it. so if we start to see tapering -- right. just like indonesia or india. yes. so that's an issue. >> so either the promise was delivered, but neither the catastrophe that was feared happened in that country when it turned over from white minority rule. >> yeah, no. i mean, i think -- >> it was somewhere in between. >> you're talking to somebody who continued embracing marxist policies -- >> but many people thought the country was going to go all the way down, but that didn't happen. and it didn't happen that -- the social needs versus the free market. >> well, you see, i think he came to learn that it's not about balancing the free market versus social needs, that they often converge. >> he said he had to balance the fears of the white population versus the hopes of the black populatio
economy. it is a member of the g-20. it is one of the leading countries and i know guys have put money into that country who made a lot of money there. >> they're considered one of the fragile five, as we call it. so if we start to see tapering -- right. just like indonesia or india. yes. so that's an issue. >> so either the promise was delivered, but neither the catastrophe that was feared happened in that country when it turned over from white minority rule. >> yeah, no. i...
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Dec 3, 2013
12/13
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CNNW
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. yeah... try new alka seltzer fruit chews. they work fast on heartburn and taste awesome. these are good. told ya! i'm feeling better already. [ male announcer ] new alka seltzer fruits chews. enjoy the relief! my boyfriend has a lot of can't-miss moments. i checked out the windows phones and saw the lumia 1020 has 41 megapixels. so i can zoom way in even after i take the picture. and i can adjust the shot before i take it so i get it exactly how i want. so, i went with a windows phone. maybe i just see things other people don't. ♪ honestly ♪ i wanna see you be brave ♪ so when coverage really counts, count on nationwide insurance. because what's precious to you is precious to us. ♪ love, love is strange just another way we put members first. because we don't have shareholders. join the nation. ♪ baby... ♪ nationwide is on your side ♪ cortizone-10 has the strongest nonprescription itch medicine plus moisturizers to help heal skin fast. cor
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. yeah... try new alka seltzer fruit chews. they work fast on heartburn and taste awesome. these are good. told ya! i'm feeling better already. [ male announcer ] new alka seltzer fruits chews. enjoy the relief! my boyfriend has a lot of can't-miss moments. i checked out the windows phones and saw the lumia 1020 has 41 megapixels. so i can zoom way in even after i take the...
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Dec 5, 2013
12/13
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CNBC
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even though the economy may be a 2% economy. it's been stunning how profitable companies have been and remain -- >> stunning. >> and also their margins. >> because the shift of income has gone from labor and capital. there's big social implications. >> huge implications. >> i agree with that. and we can have that discussion separately. >> he's not trying to -- >> just wanted to make sure you were in the conversation, joe. >> counter productive to what he's trying to address. what would address it is growth. >> that's good stuff. >> people don't want another -- they want a job. minimum wage increase. >> a job that pays a certain, you know, decent living wage. >> trying to get -- >> that aren't spending, they're not going to hire as many people as before you raised it. >> if you raise the minimum wage, you get more money in 30 million people's pockets, they're going to spend money and -- >> why do you think a company does when it sees overall what it has to pay out on that side of the income statement and sees that go up. they're
even though the economy may be a 2% economy. it's been stunning how profitable companies have been and remain -- >> stunning. >> and also their margins. >> because the shift of income has gone from labor and capital. there's big social implications. >> huge implications. >> i agree with that. and we can have that discussion separately. >> he's not trying to -- >> just wanted to make sure you were in the conversation, joe. >> counter productive to...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutuafunds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses stick with innovation. stick with power. stick with technology. get the flexcare platinum. new from philips sonicare. mm. mm-hmm. [ enne revs ] ♪ [ male announcer ] oh what fun it s to ride. get the mercedes-benz your wish list at the winter event going on now -- but hurry, the offers end december 31st. [ sant] ho, ho, ho! [ male announcer ] lease the 2014 glk350 f $419 a month at your local mercedes-benz dealer. i i'm careful investor. when you do what io, you think about risk. i don'like the ups and downs of the market, but i can't just sit on my cash. i want to be prepared for the long haul. ishares minimum votility etfs. investments designed for a smoother ride.
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutuafunds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses stick with innovation. stick with power. stick with technology. get the flexcare platinum. new from...
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melissa: out you balance this economy? >> a closed mouth does not get fed. melissa: how do you balance this? any this promotion, this raised why will be looking elsewhere. how do you balance giving them a fair warning because you want to give them the opportunity to give you what you need to advance verses making demands where they're like me know what, i have somebody else. i'm sorry. they call your bluff. a lot of people in that situation. >> it is a tough situation, and you have to add value. you want to make yourself in valuab to the boss. >> i nd this by the state. >> i don't think you say i needed by the state. you make it known and lay the groundwork this is what i am willing to do, whatever needs to be done. >> it is a matter of last resort get to the process of proving that you are worthwhile to the boss home throughout the month. again and again you are ignored and passed over, then you put the ultimatum in. >> and you have to be ready to walk. >> you have to be ready. melissa: we will have to do this again. up next, the first installment of testee
melissa: out you balance this economy? >> a closed mouth does not get fed. melissa: how do you balance this? any this promotion, this raised why will be looking elsewhere. how do you balance giving them a fair warning because you want to give them the opportunity to give you what you need to advance verses making demands where they're like me know what, i have somebody else. i'm sorry. they call your bluff. a lot of people in that situation. >> it is a tough situation, and you have...
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Dec 6, 2013
12/13
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WJLA
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thanks to the latest news about the economy, and jobs in america. we learned today that last month's 203,000 new jobs were created, better than experts predicted. and look at the unemployment rate. down to 7%. and that's the lowest level since president obama took office, the lowest unemployment rate now in five years. >>> on the subject of jobs, our made in america team is back tonight. and thousands of you have already told us, you are in, and ready to buy american made gifts. it's this christmas season. what a gift to give. even just one thing could help create thousands of new jobs right here at home. you are signing up to give american workers a merry christmas, and abc's anchor david muir, captain of the team with us tonight. >> diane, we have reported on clothing right here, asking the simple question is anything made here in america any more. well, tonight not only are these jeans made here, this number right here is about to reveal everything. right down to the farmer, who grew the cotton. this week, our kickoff, made in america december to
thanks to the latest news about the economy, and jobs in america. we learned today that last month's 203,000 new jobs were created, better than experts predicted. and look at the unemployment rate. down to 7%. and that's the lowest level since president obama took office, the lowest unemployment rate now in five years. >>> on the subject of jobs, our made in america team is back tonight. and thousands of you have already told us, you are in, and ready to buy american made gifts. it's...
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Dec 2, 2013
12/13
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economy continuing to strengthen. i think the president's numbers will recover and people's confidence will recover. >> then, of course, chuck todd had that great point -- >> that was a good point. >> do we have that clip? here's what chuck todd had to say on "meet the press." he pointed out a freudian slip? >> he made a great point. >> watch this, chuck todd. >> page three of the report it says here that the team is operating with private-sector velocity and effectiveness. okay. that is an acknowledgement that, you know what? if this was a government operation for at that long time and it failed now we're bringing in the private-sector folks. that's an indictment on the whole idea of government as a solution, frankly. >> i'm sorry, i was going to tell robert gibbs that's the first time i've laughed since saturday night. >> private-sector velocity. i have to use that as a descriptive term in the future. they did bring in a lot of people from the private-sector to help fix the problems that we do know, robert. >> absol
economy continuing to strengthen. i think the president's numbers will recover and people's confidence will recover. >> then, of course, chuck todd had that great point -- >> that was a good point. >> do we have that clip? here's what chuck todd had to say on "meet the press." he pointed out a freudian slip? >> he made a great point. >> watch this, chuck todd. >> page three of the report it says here that the team is operating with private-sector...
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Dec 6, 2013
12/13
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south africa had the economy, has the economy that is the greatest economic engine on the african continent and nelson n mandela did not dismantle that economy, he did not force the kind of redistribution of wealth at a pace in which his supporters wanted it to happen, he said now it's time for us to build, not to function as a revolution anymore. >> thanks, john harwood. we appreciate it. now, we are joined on the phone by robert johnson, who is a cnbc contributor, founder of the rlj and former chairman of b.e.t., old friend of mine. robert, you met nelson mandela many times, okay. how many times did you meet him, what are your thoughts tonight as he passes away? >> yeah, i had the great and humbling pleasure of meeting president mandela on a number of occasions, first with the former commerce secretary, late ron brown, and then i also accompanied president clinton on his historic trip to sub-saharan africa and of course when president mandela came to the united states seeking to raise funds to continue to fight apartheid and support his charities. the one thing, larry, that strikes me abo
south africa had the economy, has the economy that is the greatest economic engine on the african continent and nelson n mandela did not dismantle that economy, he did not force the kind of redistribution of wealth at a pace in which his supporters wanted it to happen, he said now it's time for us to build, not to function as a revolution anymore. >> thanks, john harwood. we appreciate it. now, we are joined on the phone by robert johnson, who is a cnbc contributor, founder of the rlj and...
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Dec 4, 2013
12/13
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. >>> happening today at the white house president obama will talk about the economy at 8:15 this morning. he will be focusing on the income gap between the rich and the poor. he will be saying income and equality are a fundamental threat to the american dream. the president will also call for raising the minimum wage. president obama is due to speak at 8:15 this morning. ktvu will provide coverage of his remarks coming up on mornings on 2. >>> also this morning california republicans are defending a website one that criticizes the new health care law. the democrats say taxpayer money should not have been used to create that website. democrats are also saying the website created by republicans and the state assembly looks too much like the real website for the state's health care exchanges. and could prevent some users from signing up. the republican website has links to media coverage detailing problems with rollout of the health care law. >>> fighting to stay open. the new challenge san francisco city college faces. >>> also a relative of president obama has his day until court. a judge
. >>> happening today at the white house president obama will talk about the economy at 8:15 this morning. he will be focusing on the income gap between the rich and the poor. he will be saying income and equality are a fundamental threat to the american dream. the president will also call for raising the minimum wage. president obama is due to speak at 8:15 this morning. ktvu will provide coverage of his remarks coming up on mornings on 2. >>> also this morning california...
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Dec 5, 2013
12/13
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CNBC
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how has their economy done the past 20 years, terrible. that's the obamanomics there. >> what do you think of jim p.'s challenge? >> i think that the issue that you're missing there was really at the heart of his presentation and, again, there's very strong evidence for this, is it's not so much that inequality hurts growth, although there were references of that in terms of financial bubbles. by the way, there's good research that connects the lack of oversight and the financial problems that we had. what he was talking about was a connection between high income inequality, stagnant incomes for the middle class and diminished opportunity, diminished opportunity. that's what you have left out. that's essential because, look, the three of us will all agree that we in america don't push for equal outcomes but we do believe there ought to be some equality of opportunity. when inequality gets too high, opportunity gets squashed. >> that's wrong. i know that's the president's line that income has been stagnated for 40 years. that is, a, complet
how has their economy done the past 20 years, terrible. that's the obamanomics there. >> what do you think of jim p.'s challenge? >> i think that the issue that you're missing there was really at the heart of his presentation and, again, there's very strong evidence for this, is it's not so much that inequality hurts growth, although there were references of that in terms of financial bubbles. by the way, there's good research that connects the lack of oversight and the financial...
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Dec 10, 2013
12/13
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MSNBCW
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the economy is booming. stocks and corporate profits are record highs. the great american corporations have never been better. don't own any stock? perhaps you have no stock, because you have already invested in bonds. no problem. that market is also at record highs. but perhaps you have no stock, no bonds. you are poor. well, here in america, prosperity trickles down from the all-knowing makers to deserving members of the underclass. you'll gradually learn to ignore that overwhelming sensation that prosperity is, in fact, being sucked up to the top. warning. if we get does not trickle down to you, clearly, you are undeserving and might be subject to self deportation. for those of you with gumption, you will have a job at a great american corporation like walmart or mcdonald's, and you will be well on your way. you'll learn the value of a hard day's work, which we regret to inform you, is not that valuable at all. we will pay you the lowest wage allowable under american law. we do so with will he rubbing tans, as a matter of fact. we would desperately li
the economy is booming. stocks and corporate profits are record highs. the great american corporations have never been better. don't own any stock? perhaps you have no stock, because you have already invested in bonds. no problem. that market is also at record highs. but perhaps you have no stock, no bonds. you are poor. well, here in america, prosperity trickles down from the all-knowing makers to deserving members of the underclass. you'll gradually learn to ignore that overwhelming sensation...
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but when it comes to the economy, when the economy is growing, connell, and you've got a lot of demand for labor, then raising the minimum wage doesn't really hurt employment that much. you don't see a big increase in unemployment when the economy's expanding. the time not to raise the minimum wage is a time like now where you have a very tight labor market, where you have a lot of workers who can't find jobs. what you do when you raise the unemployment rate in that kind -- the minimum wage in that kind of situation is the evidence is pretty clear that it puts a lot of low-skilled workers out of work. especially, by the way, connell can, you raise that minimum wage to $15 an hour, you're going to put a lot of people out of work at that wage. >> well, that makes it a discussion about what the levels should be, but i asked that question on purpose to start it off which is should there even be a minimum wage, and you say, no. there are others economically who make that argument. but now that we're so far in, what do you think would happen if there was no minimum wage? the other side of it
but when it comes to the economy, when the economy is growing, connell, and you've got a lot of demand for labor, then raising the minimum wage doesn't really hurt employment that much. you don't see a big increase in unemployment when the economy's expanding. the time not to raise the minimum wage is a time like now where you have a very tight labor market, where you have a lot of workers who can't find jobs. what you do when you raise the unemployment rate in that kind -- the minimum wage in...
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Dec 4, 2013
12/13
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MSNBCW
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> the district attorney in rochester, new york, followed the advice she was given on this program last night by a former upstate new york federal prosecutor. >> now to a developing story here in the city of rochester. unfair and out of line, that's what three teenerize calling their recent arrest. >> arrested in rochester, new york, last week, while committing the crime of waiting while black. >> their families athey have never been in trouble before and they shouldn't be in trouble now. >> they are members of the edison tech high school basketball team who were waiting for their school bus to take them to a scrimmage basketball game on wednesday morning. at 8:43 a.m., they were arrested and charged with disorderly co
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> the district attorney in rochester, new york, followed the advice she was given on this program last night by a former upstate new york federal...
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Dec 10, 2013
12/13
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CNBC
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and a little uncertainty as to where the economy is headed. we think we're fine for all the reasons i've given. i think that's what's gone on right now. i think some buyers on the sideline -- remember, november and december really aren't months when we sell a lot of homes. this is the season to be jolly. not the season to buy a home. we really need to wait until february to see where the market is. >> last question. what is the hottest region in terms of demand you're seeing around the country right now? >> i'm going to name three. new york city urban. we're on our 20th high rise in manhattan. jersey city, hoboken, brooklyn. california, coastal california for us is very strong. we just announced a huge deal we're doing out in california which is really a game-changer for the company through the acquisition of shapelle properties and dallas and houston, texas, are doing very well. >> tells you something about what's happening around the country. douglas yearley, thank you for joining us today. appreciate it. >> thanks for having me. >> 12 minut
and a little uncertainty as to where the economy is headed. we think we're fine for all the reasons i've given. i think that's what's gone on right now. i think some buyers on the sideline -- remember, november and december really aren't months when we sell a lot of homes. this is the season to be jolly. not the season to buy a home. we really need to wait until february to see where the market is. >> last question. what is the hottest region in terms of demand you're seeing around the...
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Dec 5, 2013
12/13
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BLOOMBERG
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the government recognizes that and is slowly trying to shift the emphasis to the consumer economy. but they have not broken up enterprise. does the 4g license that the government has now given china mobile, which enables them to potentially sign a deal with apple finally, how does that play into this? mobile ist that china first out of the gate with 4g is very helpful to them. china mobile has suffered from a skewed policy of industrial, home country champion with the chinese three g standard. into a as they move standard that is akin to global 4g, we see the iphone regaining momentum and the ability to soak up the strong demand for smart phones. >> you are saying the government held china mobile back. >> china mobile was held back because the chinese government anointed this dubious -- anointed it to this dubious prize of three g. chinese consumers are increasingly in the driving seat. the government is beginning to recognize that. it is not happening overnight, but incrementally you can see the government bowing to the fact that consumers will make their own choices. we will keep
the government recognizes that and is slowly trying to shift the emphasis to the consumer economy. but they have not broken up enterprise. does the 4g license that the government has now given china mobile, which enables them to potentially sign a deal with apple finally, how does that play into this? mobile ist that china first out of the gate with 4g is very helpful to them. china mobile has suffered from a skewed policy of industrial, home country champion with the chinese three g standard....
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Dec 9, 2013
12/13
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FOXNEWSW
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. >> they are causing them to become a perpetual part of the unemployed in our economy and while it seems good, it does a disservice to those who need a help. >> and they said it wasn't part of the necessity of a budget agreement. >> negotiations are moving in the right direction. they haven't closed the deal. but i hope as part of it, the negotiators will take to heart what the president had to say. >> the budget conferree was optimistic. >> the key is not to raise taxes at a time when the economy is still week and i think we can accomplish that over the next couple of days. >> there was an agreement on a defense authorization bill which extends combat bay and a compromise of sexual assault prosecutions and a transfer of some gitmo detainees and a deal of chemical weapons. >> on the defense, the house would go first and then the senate could finish up. a deal could be announced as soon as tomorrow to allow time for votes so the threat of a government shutdown doesn't loom over christmas. >> thank you. >>> lying to a senate could be severeus. the truth about lying to the nsa. >> not even
. >> they are causing them to become a perpetual part of the unemployed in our economy and while it seems good, it does a disservice to those who need a help. >> and they said it wasn't part of the necessity of a budget agreement. >> negotiations are moving in the right direction. they haven't closed the deal. but i hope as part of it, the negotiators will take to heart what the president had to say. >> the budget conferree was optimistic. >> the key is not to...
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Dec 6, 2013
12/13
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MSNBCW
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we're going to turn to the economy. wall street is reacting positively despite today's better than expected jobs report. i say despite because series of positive results could signal it's time to turn the policies. a net gain of 203,000 jobs. the unemployment rate slid to five-year low of 7%. over the past four months, the economy gained an average of more than 200,000 jobs each month. that's up sharply from the previous four months. okay, if it's jobs friday, it times for our dynamic economic duo, jared bernstein and peter marchi, even you have to feel good about this jobs report. >> i think this is a good jobs report given what we've been through. >> easy, jerry. >> i would like to have more jobs and be around 300,000, 400,000 but i think next year will be even better. so much so i think it is time to start to withdraw the stimulus and start focusing on budgetary priorities in terms of what do we really want to do. what do we really need and worry less about stimulus but more about the fundamentals. we need to rebuild
we're going to turn to the economy. wall street is reacting positively despite today's better than expected jobs report. i say despite because series of positive results could signal it's time to turn the policies. a net gain of 203,000 jobs. the unemployment rate slid to five-year low of 7%. over the past four months, the economy gained an average of more than 200,000 jobs each month. that's up sharply from the previous four months. okay, if it's jobs friday, it times for our dynamic economic...
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Dec 4, 2013
12/13
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CNBC
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if the economy is better, that should be better for stocks. i think the simple message is one to focus on. >> i'll quote from your note here, the only thing people are worried about is that no one is worried about anything and that isn't a real worry. >> yes. >> are you a true believer or you can't find anything to be negative about? >> the thing you want to focus on is what could cause volatility in the earnings estimates. what i learned and we got bullish about nine, ten, 11 months ago, i didn't see what could cause big volatility to the downside in earnings. to me the biggest risk from rates backing up is that you could get weakness in emerging markets. we've seen some of the big tech companies tell you that emerging market demand slow. that's the biggest and most realistic risk. the second would be they start tapering and you get a soft patch in the economy and you can't stick the taper back in the bottle so to speak. those are the realistic risk. in the interim, it seems like earnings will grow and the economy will be better in the first
if the economy is better, that should be better for stocks. i think the simple message is one to focus on. >> i'll quote from your note here, the only thing people are worried about is that no one is worried about anything and that isn't a real worry. >> yes. >> are you a true believer or you can't find anything to be negative about? >> the thing you want to focus on is what could cause volatility in the earnings estimates. what i learned and we got bullish about nine,...
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Dec 9, 2013
12/13
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economy could outperform it might be 2014. i think we should say, governor that it almost has to be 2014. we need to see that priming of the purpose, whatever you want to call it really broaden out to disposable income gains. >> i think that's true. i think bernanke has done an incredible job when you see what's happening in europe to have the chairman of the fed, very fortuitous. i don't begrudge the fact we picked up on the wrong people that didn't need it and got the money -- >> people will say, the wrong people. >> well the people who didn't need it got the money. >> right. >> because i think what he was trying to do is avoid what happened in japan, which is an inflationary crisis. the problem now is challenge, how do you figure how do you get the rest of the 90%? it's much tougher problem than people think because the real problem is housing. if you look at the housing market, the same people that owned the housing market have not come back and a whole lot less people in houses -- >> if the president came to you today and
economy could outperform it might be 2014. i think we should say, governor that it almost has to be 2014. we need to see that priming of the purpose, whatever you want to call it really broaden out to disposable income gains. >> i think that's true. i think bernanke has done an incredible job when you see what's happening in europe to have the chairman of the fed, very fortuitous. i don't begrudge the fact we picked up on the wrong people that didn't need it and got the money -- >>...